TMX Group Limited announced today it has acquired Newsfile Corp. (Newsfile), the largest Canadian-owned news dissemination and regulatory filing provider.
"TMX Group is committed to delivering best-in-class products and services; we are always looking at ways to add new capabilities to better serve our clients today and well into the future," said Loui Anastasopoulos, CEO, Toronto Stock Exchange and Global Head of Capital Formation, TMX Group. "The acquisition of Newsfile, a client-first newswire and regulatory filing solutions provider, bolsters our Capital Formation business as we continue to expand our offerings beyond listings."
Established in 1997, Newsfile services over 2,500 public and private clients and is a one-stop source for disclosure requirements, including news release distribution and SEDAR+, EDGAR, and XBRL filing solutions.
"We are excited to join forces with TMX Group, an organization whose client-first mindset aligns with ours," said Bill Batiuk, President, Newsfile. "By combining Newsfile's strengths with the brand, reach, and scale of TMX, we are confident that we can continue Newsfile's long track record of growth, innovation, and exemplary client service."
